Chinese officials have agreed to hold talks with their Dutch counterparts over the Nexperia crisis, which has thrown the global auto chip supply chain into uncertainty, the Chinese Ministry of Commerce said in a statement on Saturday. The announcement comes a day after the Netherlands indicated that shipments of Chinese-made Nexperia chips would resume soon, according to the South China Morning Post.
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In response to statements made by Dutch Economy Minister Vincent Karremans on Friday – which indicated that China-made Nexperia chips could resume shipments in the coming days – Beijing expressed hope that the Dutch side would take concrete measures and agreed to the Netherlands’ request to send representatives to China for discussions. No specific date was mentioned for the meeting.
“China hopes that the Dutch statements will not remain mere rhetoric, but will immediately lead to constructive solutions and concrete measures to quickly and effectively restore stability to the global semiconductor supply chain at its source,” the Chinese Ministry of Commerce said in a statement.
China could resume chip supplies to Nexperias customers in Europe and beyond “in the coming days,” Karremans said on Friday. The Dutch government was prepared to relinquish control of the company “as soon as next week” if Nexperia China resumes shipments, according to a Bloomberg News report on the same day.
Source: Market intelligence platform IndexBox
